TribLIVE

| Business


 
Larger text Larger text Smaller text Smaller text | Order Photo Reprints

CEO says Sony is on track for comeback

Daily Photo Galleries

By The Associated Press
Friday, Jan. 18, 2013, 12:01 a.m.
 

Sony's chief executive says the struggling Japanese electronics and entertainment company is headed in the right direction, although its comeback is not yet complete.

Kazuo Hirai says Sony Corp. is now more nimble and focused under his leadership, which began nine months ago.

Sony has lost money for the past four years, and has fallen behind powerful rivals such as Apple Inc. and Samsung Electronics Co. in profitability and innovation.

Hirai acknowledged Sony had gotten bogged down in its sprawling bureaucracy. He says he is making a point of personal involvement in product development to make sure good ideas don't get squelched.

Sony's new waterproof, full-HD cellphone and 4K or “ultra-HD” TV received mostly positive feedback at the recent International CES gadget show in Las Vegas.

 

 
 


Show commenting policy

Most-Read Stories

  1. For Steelers outside linebacker Jones, size is not an obstacle
  2. Biden in Pittsburgh Thursday for fundraiser
  3. Monroeville firefighters hope hot photo calendar will help raise money
  4. Homeowners warned of bogus land surveyors
  5. Boston Marathon bombing victim marries his nurse
  6. Steelers cornerbacks Allen, Gay, Taylor have something to prove
  7. Medical pot advocates speak up at meeting with Sen. Folmer in Export
  8. Pirates notebook: McCutchen returns to starting lineup; Alvarez out
  9. Parade of Mustangs to kick off Connellsville’s Mum Festival
  10. Attorney General drops charges against ‘upper-level’ heroin dealers
  11. Need to modernize closes Ambridge theater doors ... for now
Subscribe today! Click here for our subscription offers.